Make your employees’ month-end cash crunch worries a thing of the past.
With Zimyo earned salary advance, employees don’t have to worry about the availability of short-term funds. They now have access to their earned salary at any time, right from our platform, in a couple of moments.
Employees can experience a diverse range of unique features and meet any unexpected emergencies head-on with the help of Zimyo advance.
Additionally, employees can also explore personal loan facilities offered by Zimyo with API-driven processes that helps in getting everything done in less than a day.
Zimyo provides a single window access to employees for different insurance categories like – term life insurance, medical insurance, vehicle insurance, etc., to name a few – powered by Riskcovry as our insurance partner.
Employees get a single view of their insurance cover and additionally, can avail assistance from claim consultants experts in a single click. Furthermore, we help you understand the particulars of your insurance coverage through the Zimyo KYP (Know Your Policy) feature.
Attract and retain top talents by offering performance based bonuses. Configure your bonus rules to keep your employees happy and satisfied.
Zimyo provides a single window access to employees for different insurance categories like – term life insurance, medical insurance, vehicle insurance, etc.
Ensure 100% error-free salary calculation and timely disbursement with Zimyo. Sync payroll software with time and attendance to automatically proceed salary disbursement.
Provide relief to employees from financial worries. Provide instant personal loans to all the employees with no hidden charges
Empower your HR leaders with highly customizable, easy to integrate and implement, and user-friendly credit & insurance benefits.
Zimyo has potent integrations with banking & insurance partners. All communication and data sharing is driven through the APIs only.
Salary advance perk is one of the most affordable products among all the credit products available in the market.
Employees don’t have to share their KYC or salary slips on emails for availing any credit product.
Transfer remunerations in bulk instantly in a secure & error-free manner by using Zimyo payouts, in a single click.
Zimyo Benefits have credit products & insurances under a single umbrella, where you have access to facilities like earned salary advance, personal loans in a single day and insurance for you as well as your family.
We seamlessly integrate across different platforms like – Riskcovry, Bimagarage, Zwitch, M2P, Credin, etc.
of the employees incline towards a company due to there benefits package – Watson Wills towert
of employees consider where they want to work on the basis of the benefits that are provided – Snackathon
of employees consider benefits as a big influence when considering a job offer – Glassdoor
Some of the key benefits include:
Employee personal loan is a Short term loan facility designed to help you for immediate expenses. It can be used to meet your emergency medical expenses, to pay overdue utility bills, car repairs & other daily expenses. Benefits of Employee Personal Loans are:
Reduces financial stress of employees.
There are multiple benefits of a particular Group health insurance product. For example:
There are some documents which are mandatory from RBI to complete KYC of every borrower. You just need to upload those documents while applying for loan e.g. PAN, Aadhar, bank statement, etc. to process the loan.
Cost depends on number of factors like, Age of employees, Sum insured, City, Family coverage, other terms & conditions like room rent limits, disease wise capping etc
As it is an Earned Salary Advance, an employee can withdraw his real-time earned salary up to the number of days he has worked in that particular month. The balance salary amount will be credited to the employee’s account at the end of the month.
You need to check status at My active plan under the personal loan feature in the benefits section. As and when the loan is approved, the option to e-sign the loan agreement will appear there. After signing the agreement you need to set an E-mandate in your bank account for deduction of EMIs. You will receive a link on sms for that. Same will also be available in the My active section.
No, you are only eligible to withdraw up to your earned salary, which will be calculated based on your accrued salary till that particular day.
Advance transactions by the employee will be adjusted in his salary and reflected in his salary slip as a deduction for advance salary.
